Maybe has developed a conversational e-commerce platform called Maybe* which enables businesses, towns and cities to listen and learn from, and react to digital conversation happening around them on social media platforms such as Facebook, Twitter etc. The Maybe* platform uses Artificial Intelligence to enable organisations to benchmark performance on social media, providing actions that help increase engagement and deliver results. By engaging people in personalised conversations, the Maybe* platform aims to increase sales, conversion rates, and deliver insights that improve product design, marketing, and the overall customer experience.
6 Figure Loan
Greater Birmingham and Solihull
“We are delighted to have received this funding package from Maven and MEIF, which will help us unlock a new exciting phase of growth for the business. This is an extremely exciting time as we expand our team and operations into Birmingham.”
Chief Executive Officer at Maybe Solutions
Growth and expansion
Maybe was founded in 2014 and is based in Shrewsbury. The business’ platform incorporates the latest AI, chatbot, benchmarking, and location-aware technology, the patent pending Maybe* platform allows any business to connect the online, offline, and social customer journey. Maybe’s multi award winning #WDYT (What do you think?) campaign uses the Maybe* platform to help UK high streets use digital channels to drive physical footfall.
Research by Forrester and Deloittes shows that currently $1.26 trillion of all global retail sales are “digitally influenced”, which accounts for 37% of the total global retail sales market. This equates to almost 4 times more than what is sold through eCommerce alone. By 2020, “digitally influenced” retail sales are expected to account for 49% of the total global retail sales market.
Maybe will use the funding to support the growth of the business. In due course Maybe will set up a Birmingham HQ where the sales and admin teams will sit, this is expected to create 10-20 new jobs.
Could MEIF Maven Debt Finance help fund your growth journey?
If you’re running an SME business that’s looking to grow, we’d love to hear from you. Find out more about our fund here or feel free to give us a call to speak directly to one of our local Investment Managers:
Subscribe for email updates
Keep up-to-date with our latest deals, events and business support blog.